Answer: Expected Units to Be Sold + Desired Units in Ending Inventory – Estimated Units in Beginning Inventory
Explanation:
To find out the units that should be produced, one should find out the number of units that they would want to sell. They should then add this to the number of units they would prefer to have as ending units that way after they sell the goods they want, they will still have the desired amount in inventory.
Seeing as there might be some goods in inventory called beginning inventory already, this should then be deducted from the above to see the number of units that should be produced in excess of these goods that are already in stock.
During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: Multiple Choice credit to Cost of Goods Sold of $65,000. debit to Finished Goods of $65,000. credit to Work in Process of $59,000. credit to Finished Goods of $59,000.
Answer:
credit to Work in Process of $59,000.
Explanation:
Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000
Dr Finished goods $59,000
Cr Work in process $59,000
Dr Cost of goods sold $65,000
Cr Finished goods $65,000
Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential
Answer:
The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:
= 1,000 apartment units.
Explanation:
a) Data and Calculations:
The percentage of households that currently rent in the town = 5%
Demographic of households in the town = 100,000 (5,000/5%)
Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)
20% of the market potential = 1,000 (5,000 * 20%)
who approves the federal budget
congress
presdient
house
President and congress
Answer:
congress
Explanation:
i think
correct me if I'm wrong
CARRY ON LEARNING
Answer:
president
Explanation:
I think because he rules the country
A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
A targeted
B combination
C chronological
D functional
Answer:
A. targeted
Explanation:
A resume (curriculum vitae) can be defined as a short text-based document that a job applicant use to briefly outline his or her qualifications, abillities and accomplishments, haven completed and obtained an academic certificate.
Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.
Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.
This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.
Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.
According to the liquidity premium theory of the term structure, A. the interest rate on long-term bonds will equal an average of short-term interest rates that people expect to occur over the life of the long-term bonds plus a liquidity premium. B. buyers of bonds may prefer bonds of one maturity over another, yet interest rates on bonds of different maturities move together over time. C. even with a positive liquidity premium, if future short-term interest rates are expected to fall significantly, then the yield curve will be downward-sloping. D. all of the above. E. only A and B of the above.
Answer: D. all of the above.
Explanation:
The liquidity premium is the amount that is added to the interest rate in order to compensate investors for buying longer term and less liquid securities. This is why the interest rates on log-term bonds include a liquidity premium.
It is true that depending on preference, buyers of bonds prefer to buy one maturity over another but overall, the interest rates on different maturities move together in that an increase in the short term would see an increase in the long term.
Even if the liquidity premium is positive in order to compensate investors for longer maturities, it would not be enough to pull the interest rates up if they are falling significantly which would lead to a downward - sloping yield curve.
John Deere Manufacturing Company has two manufacturing departments--Cutting and Soldering for its series 200 lawn tractor body. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Cutting Soldering Estimated total machine-hours (MHs) 1,250 11,400 Estimated total fixed manufacturing overhead cost $ 15,880 $ 37,300 Estimated variable manufacturing overhead cost per MH $ 3.12 $ 2.40 During the most recent month, John Deere started and completed two jobs--Job 1A and Job 1B. There were no beginning inventories. Data concerning those two jobs follow: Job 1A Job 1B Direct materials $ 12,300 $ 8,492 Direct labor cost $ 18,200 $ 5,870 Cutting machine-hours 700 300 Soldering machine-hours 3,600 5,410 Assume that John Deere uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selling prices. Answer the following questions. (round predetermined overhead rate to two decimal places) 1. What is the plantwide predetermined MOH rate
Answer:
John Deere Manufacturing Company
Cutting Soldering
Predetermined MOH rates = $19.80 $7.18
Explanation:
a) Data and Calculations:
Cutting Soldering
Estimated total machine-hours (MHs) 1,250 11,400
Estimated total fixed manufacturing overhead cost $ 15,880 $ 37,300 Estimated variable manufacturing overhead cost per MH $ 3.12 $ 2.40
Total estimated variable manufacturing overhead $3,900 $27,360
Total manufacturing overhead costs $19,780 $64,660
Job 1A Job 1B Total
Direct materials $ 12,300 $ 8,492 $
Direct labor cost $ 18,200 $ 5,870
Cutting machine-hours 700 300 1,000 hours
Soldering machine-hours 3,600 5,410 9,010 hours
Plantwide predetermined MOH rates:
Cutting Soldering
Estimated total manufacturing overhead costs $19,780 $64,660
Total machine hours during the most recent month 1,000 9,010
Predetermined MOH rates = $19.80 $7.18
= ($19,780/1,000) ($64,660/9,010)
An increase in the fixed asset turnover ratio from 2.0 to 2.7 indicates a.an unfavorable change in the efficiency of using cash to generate sales. b.an unfavorable change in the efficiency of using fixed assets to pay down debt. c.a favorable change in the efficiency of using fixed assets to generate sales. d.an unfavorable change in the efficiency of using fixed assets to generate sales.
Answer:
c
Explanation:
Fixed asset turnover is an example of an activity ratio
Activity ratios calculate the efficiency of performing daily task of a firm
Fixed asset turnover = revenue / average net fixed assets
average net fixed assets = cost of asset - accumulated depreciation
If Fixed asset turnover increases it means that less fixed asset is generating higher revenue. this is a favourable change as it means efficiency has increased
A third-grade bilingual teacher, Mr. Rivas, reads aloud a procedure for a student science investigation. After reading aloud the procedure, he notices that the students are confused about how to begin their investigation. Mr. Rivas then decides to repeat the procedure step-by-step, modifying the language used in the written instructions so that it is more comprehensible to the students. Which of the following does Mr. Rivas best demonstrate by modifying the lesson?
A. Scaffolding instructional technique
B. Reciprocal teaching instructional technique
C. Sheltered English instructional strategy
D. Concept attainment instructional strategy
Answer:
Sheltered English instructional strategy
Explanation:
Sheltered Instruction
This is simply defined as a devised method to teaching English language learners which uses second language
acquisition strategies along with content area instruction. It is a known way for making grade-level content more available for ELLs while improving English language development.
It uses;
1. Second language acquisition strategies when teaching content area instruction
2. It is Content-based
3. It makes content to be easily understood for EL while developing English proficiency.
4. It does integrate language and content while inputting also socio-cultural awareness.
Sheltered English instructional strategy simply enhance or modifying english and simplify it thereby making the students to understand it.
Evaluate the current financial performance of eskom
Answer:
Eskom Holdings SOC Limited dominates the electrical business in South Africa (Eskom).
They provide a significant amount of power for the country, accounting for over 95% of all power in South Africa.
In the first half of the 2018/19 financial year, Eskom made a profit of $48.05 million, down 89 percent from the previous year.
Higher borrowing expenses, higher gasoline prices, and increased staffing costs, they claimed, were to blame for the earnings dip.
Explanation:
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Deet, an unmarried taxpayer, qualified to itemize deductions. Deet's adjusted gross income was $40,000 and he made a $1,500 substantiated cash donation directly to a needy family. In the same year, Deet also donated art, valued at $11,000, to a local art museum. Deet had purchased the artwork two years earlier for $2,000. What was the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return
Answer:
$11,000
Explanation:
Based on the information given What will be the MAXIMUM AMOUNT OF THE CHARITABLE CONTRIBUTION ALLOWABLE as an itemized deduction on Deet's income tax return will be the amount of $11,000 which represent the amount the art value that Deet donated to the local art museum which was valued at $11,000.
Therefore the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return is $11,000
3 · 32 + 8 ÷ 2 − (4 + 3)
A.
30
B.
23
C.
24
D.
32
3. The answer is 24 [c]
Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.
Answer:
[tex] \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical[/tex]
17. The matching principle requires that a) assets will be matched to the liabilities incurred to purchase them b) non-operating gains and losses should be netted against each other c) a proportion of each dollar collected will be assumed to be a recovery of cost d) revenues earned and expenses incurred in generating those revenues should be reported in the same income statement e) none of the above
Answer:
D
Explanation:
The matching principle requires that revenues earned and expenses incurred in generating those revenues should be reported in the same income statement
the purpose of this is to avoid misstating earnings
Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possessNour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably has a high need for
Answer:
Power.
Explanation:
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.
Some types of power expressed by leaders are referent power, coercive, etc.
In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.
An investor entered into a contract with a winery. The contract provided that the investor would invest $1 million in the winery and, in return, the winery would produce and market at least 500,000 bottles of wine each year for five years under a specified label. The contract included a provision that, if feasible, the wine would be distributed by the winery only through a certain wholesale distributor of fine wines. Neither the investor nor the winery had previously dealt with the distributor. The distributor learned of the contract two days later from reading a trade newspaper. In reliance thereon, he immediately hired an additional sales executive and contracted for enlargement of his wine storage and display facility. If the winery refuses to distribute the wine through the distributor and the distributor then sues the winery for breach of contract, is it likely that the distributor will prevail
Answer:
It is NOT likely that the distributor will prevail.
Explanation:
There was no contract between the distributor and the winery. The intended distributor was not clearly stated in the trade newspaper that the distributor read and relied on to expand his salesforce and storage and display facilities. The distributed voluntarily acted on its own whims and caprices. A contract cannot be imagined. There must be an offer and acceptance, establishing the full consent of the parties to enter into a contract. The intention to contract is also lacking.
Stock prices tend to ignore unexpected changes in dividend payments. Companies prefer to cut dividend payments rather than borrow money to fund a short-term cash need. Maintaining a steady dividend is a key goal of most dividend-paying companies. Share repurchases tend to increase agency costs. Short-term fluctuations in cash flows are the key factor in determining a company's dividend policy
Answer: B. Maintaining a steady dividend is a key goal of most dividend-paying companies.
Explanation:
Companies that pay dividends prefer in general, to maintain a steady dividend overtime. This does not necessarily mean that they will pay the same amount of dividend but rather that they will pay out dividends as within a certain percentage range of the net income.
Companies do not prefer to cut dividends so as not to send the wrong message so A is wrong. Share repurchases reduces agency costs so C is wrong. Short term fluctuations in cash flow are not the key favor in determining dividend policy as the company might still pay out the same regardless so this is wrong as well. Option B is the best answer.
On April 1, year 1, Hyde Corp., a newly formed company, had the following stock issued and outstanding:
1) Common stock, no par, $1 stated value, 20,000 shares originally issued for $30 per share.
2) Preferred stock, $10 par value, 6,000 shares originally issued for $50 per share.
Hyde's April 1, year 1 statement of stockholders' equity should report
Common stock
Preferred stock
Additional paid-in capital
Answer:
Common stock $20,000
Preferred stock $60,000
APIC $820,000
Explanation
Calculation to determine what Hyde's April 1, year 1 statement of stockholders' equity should report
Calculation to determine the COMMON STOCK
Common stock=20,000 shares*$1
Common stock=$20,000
Calculation to determine PREFERRED STOCK
Preferred stock =6,000 shares*$10
Preferred stock =$60,000
Calculation to determine ADDITIONAL PAID-IN CAPITAL (APIC)
APIC=[(6000*$50)-(6000*$10)]+[(20,000*$30)+(20,000*$1)]
APIC=($300,000-$60,000)+($600,000-$20,000)
APIC=$240,000+$580,000
APIC=$820,000
Therefore Hyde's April 1, year 1 statement of stockholders' equity should report:
Common stock $20,000
Preferred stock $60,000
APIC $820,000
Explain why it is necessary to evaluate your options when making a decision.
Answer:
It is important to evaluate your decision making, for certain outcomes of that decision may not be what you want them to be. ... When evaluating your decisions, you are looking at the whole situation, which gives you the whole perspective of the situation, and what all the outcomes can be for you
The International Finance Corporation (IFC) performs which of the following functions? a. Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies b. Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets c. Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members d. Works on issues related to foreign investment disputes e. Provides political risk coverage for private investments made in developing countries
Answer:
a). Provide loans and take an equity position in private companies of developing countries and works toward developing capital markets in those economies.
Explanation:
The key functions of IFC(International Finance Corporation) include 'offering loans and getting a hold on the equity stand in the private sector companies established in developing countries in order to build capital in such economies.' It also assists these countries in attaining sustainable growth and development by providing these financial fundings, deploying capital effectively, and proffering counseling services to these nations and the private businesses running across the country. Thus, option a is the correct answer.
Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer $ 1,400 Cash found in a desk purchased for $30 at a flea market 400 Inheritance 11,000 The employer allowed Jensen to use the condominium for free in recognition of outstanding achievement. Based on this information, what is Jensen's gross income for the year
Answer:
$1,800
Explanation:
Calculation to determine Jensen's gross income for the year
Using this formula
Gross income for the year=Fair rent value +Cash found
Let plug in the formula
Gross income for the year=$1,400+$400
Gross income for the year=$1,800
Therefore Jensen's gross income for the year is $1,800
Name a form of ownership that is represented by the South African broadcasting corporation (SABC)and outline four characteristics of this form of ownership
The church you go to every Sunday is made up of people who have very different lifestyles and are at different stages in their life. Joanna is a 23-year-old single parent who works for minimum wage and shifts from motel to motel for accommodation. Josephine is a single, 45-year-old woman who earns a decent salary and has few interests and friends outside her office. Jonathan is 60 years old, extremely wealthy, has a loving family, and enjoys his work. You have decided to apply Maslow's hierarchy of needs to determine what motivates each of these individuals.
2) Which of the following needs would most likely motivate Joanna?
A) social
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:
3) Which of the following needs would most likely motivate Josephine?
A) social-belongingness
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:
Answer: C for Joanna and I think A for Josephine
Explanation:
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Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability
Answer:
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O shared liability
Explanation:
In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.
In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.
Choose the false statement about the Building and Personal Property Coverage Form. A Personal property owned and used to service the building is included in the building coverage B Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage C Personal property of others that is in the insured's care, custody, and control is automatically included up to $2,500 under coverage extensions D Building Coverage includes the building structure, completed additions, permanently installed fixtures, machinery and equipment
Answer: Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage
Explanation:
The false statement about the Building and Personal Property Coverage Form is that "Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage"
The above is incorrect. This is because the Tenants Improvements and Betterments are not covered under the
Personal Property of Others Coverage but rather, they are covered in the Business Personal Property.
Mary Smith is considering investing in 30 year Corporate Bonds issued by Duke Energy Company. She knows that she will earn an interest rate of 8% by purchasing these bonds. However, she is concerned because she might need to take her money out of this investment in a year, and she has heard that she might have to sell the bonds at a significantly lower price than she will purchase them for. What type of risk is Mary concerned about
Answer:
Mary Smith is concerned about systematic risk.
Explanation:
Systematic risk refers to the ongoing risk caused by a combination of factors, including the economy, geopolitical issues, corporate health, and others. It covers the impact on the overall market and includes systemic risks that are peculiar to an industry. Systemic risk will only impact the market for Corporate Bonds. But, Mary's concern shows that other factors might combine, causing her to require her money back after a year.
Profit-maximizing monopolists never produce in the range of output where MR is negative because
Answer: They wouldn't maximize profit.
Explanation:
Profit Maximizing Monopolists would always produce so long as Marginal revenue is positive because it would give them a chance to make more profit. If marginal revenue becomes negative, they would be making less than they did on the last product which would not be ideal to them.
This is so because the profit maximizing point is where marginal cost equals marginal revenue and as production increases, so also does marginal cost which means that for profit to be maximized, marginal revenue has to be positive as well to equal marginal cost.
Noah's Ark is a successful child care center. It focuses on actively developing, finding, and communicating new knowledge to its employees so that workers can modify their behavior to reflect this new knowledge. Noah's Ark is an example of a(n) ________ organization. Group of answer choices customer-focused research innovative learning evolving
Answer:
learning
Explanation:
Since in the given situation it is mentioned that the child care center focused on the developing, communicating the new knowledge in order to modify the behavior so here this means that it have the learning environment in the child care center so that everyone could aware of anything also they have dont any problem regarding it. Moreover it increased the skills also
Therefore as per the given situation, the above should be the answer
Pinetops Resorts, an American company, sells the rights to other hospitality companies globally to open resorts with the Pinetops name for a fee and a share of the profit, in return for using Pinetops' brand name and a package of materials and services. Pinetops is engaged in Group of answer choices importing. countertrading. exporting. franchising. offshoring.
Answer:
franchising
Explanation:
Since in the given situation, the resorts should sold the rights to other companies for a fee and the share profit and in return they used the brand name and material & service packaging
So here the resort should be engaged in franchising as in the franchising the right is given to others for use the name
therefore the second last option is correct
Pinetops is engaging in "Franchising". A further explanation is provided below.
The franchisor seems to be the shareholder of the commercial enterprise that offers a particular item or brand, and the franchisee would be the individual who has been granted permission to use the brand, and so on. among the manufacturer.
The other four options such as:
Importing: Goods or services purchased from one nation inside another.Counter trading: An alternate method to structure overseas sales if there are difficult or inexistent standard ways of payments.Exporting: Value proposition manufactured throughout one country however marketed to an international purchaser.Offshoring: Praxis wherein the products are obtained from all other countries or manufacturing transferred towards another nation.These options are not related to the given scenario. Thus the above answer is correct.
Learn more about Franchising here:
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Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.) Select All Correct Responses Location targeting Ad scheduling
Answer: Ad scheduling, location targeting and language targeting
Explanation:
These are the three things Yuto should consider for his souvenir store in Tokyo;
1) Ad scheduling: this would be described as having a program where Ads are carried out. This is arranging all Ads especially for various sector of product and for various days.
2) Location targeting; this is having an idea of your target market and maximizing meetings with them, ensuring that you are heard or seen by various means of communication.
3) Language targeting; this is trying to reach out to those who speak a particular language by speaking same language with them inorder to promote your product.